Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
الوصف
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A simple yet powerful way to filter out choppy ranges or sideways moves without missing out on good trades
It calculates the %-distance of the price to a moving average so you can ignore buy/sell signals around the center line. The upper and lower line are thresholds to catch reversals of the trend when the distance to moving average is increasing.
Hi, I added the indicator, but it shows a straight line all along - I have looked at all time frames and it's still does display as a straight line.
Is it designed for Crypto only?
Thanks.
rhanna
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@Omaraa90, i experience the same.@nilux how can we apply your filter on other assets other than crypto?
bondnuetron
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When applied to my chart it shows market is forever in Chop zone. Can someone help me set it up properly?
pmdb2
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Maybe update settings. For example for Forex thresholds could be 0.04, -0.04, 0.08, -0.08 (depends on movement of course). Sma length also needs to be adjusted according to selected time frame. (for 1 min sma 20/50/100 only).
@hjsjshs, this is not an indicator for entries and exits but a filter to use one top of your strategy. if it's good for scalping, I don't know... probably it is.
Is it designed for Crypto only?
Thanks.